French SNCF Participates in Westbahn Project

People ♦ Published: December 17, 2010; 02:40 ♦ (Vindobona)

The French National Railways acquire a stake of 25% in the Haselsteiner project.

French SNCF Participates in Westbahn Project / Picture: © WESTbahn Management GmbH

The Westbahn project of Strabag CEO Hans-Peter Haselsteiner and former ÖBB board member Stefan Wehinger gets a new partner. As of December 2011, the ÖBB will get competition on its most lucrative route between Vienna and Salzburg through the Westbahn (Western Railway) Company. This is a direct result of deregulation in passenger traffic.

Haselsteiner and Wehinger expect not…